Thursday, October 28 2010 16:42

Over Q3 2010 total capital of Armenia's credit organizations grew by 6,7% to $89.7 mln


ArmInfo. Over Q3 2010 the summary total capital of Armenia's credit organizations grew by 6,7% to 32.4 bln AMD ($89.7 mln). In the structure of the total capital, the statutory fund increased by 3,9% to 23.8 bln AMD ($66.1 mln).

The press service of the Central Bank of Armenia (CBA) reports that the share of foreign capital in the statutory fund declined by 0,3% to 9.2 bln AMD ($25.4 mln). The main reserves increased by 9,6% to 545.6 mln AMD ($1.5 mln). The accumulated profit made up 7.9 bln AMD ($21.8 mln), having increased by 15,7% over Q3 2010.

According to the CBA, as of 1 October 2010, there were 32 credit organizations and 60 branches in Armenia.
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